Cincinnati home sales for January 2016 were strong and was one of the best Januarys ever with a 9.6% increase as compared to January 2015. Here are the statistics for the month:
January 2016 vs January 2015
- 9.62% Increase in homes sold (1,367 homes vs 1,247 homes)
- 11.79% Increase in gross sales volume
- 1.97% Increase in average sale price ($166,178 vs $162,964)
- 8.55% Increase in median sale price ($127,000 vs $117,000)
With a low inventory of homes for sale, the average price of properties has continued to climb.
Now is the time to list your home to sell. Demand for quality homes is high. Mortgage interest rates ares still low.
Look at homes for sale here.
Statistics courtesy of: Cincinnati Area Board of Realtors Home Sales Report, January 2016